Methodology - ETF

HOUSE AWARDS

Your entry will receive two scores:

  • Level I Score: This score is based on your multiple-choice responses. Every answer has a corresponding score and all participants get the same score for the same answer. In that sense, it is an objective score because it is applied uniformly.
  • Level II Score: This score is given by the jurors. It is subjective because it depends on each juror’s interpretation of the information you provided and the jurors’ priorities, which often depend on the family office, bank or investment advisor they serve.

The final score is a weighted combination of Level I and II scores. The ETF with the highest final score in every category will be awarded the Best-in-Class (BIC) title. Up to two other ETFs with scores within 5% below BIC will be awarded Outstanding Achiever titles.

CAPABILITY AWARDS

The process involves two simple stages:

  1. First, go through an internal self-assessment and deliberate on the Categories you wish to compete in. It could be something you take considerable pride in or an offering you simply want a candid assessment of by the judging panel.
  2. After confirming the categories, you will prepare a written online submission of the category you’ve entered, by meeting the criteria set out for each category with approximately 2,000 words. 
  3. You can drag and drop appendices to support your case.  You can provide a hyperlink of a video on the appendix, but do not upload a video to the submission portal, as most judges may find it annoying to download.

TOP ETF AWARDS

BENCHMARK’s top Exchange Traded Funds (ETF) are purely based on investment returns, and are designed to help investors identify funds with the lowest tracking error while delivering the best returns. While ETFs are meant to be actively traded instruments, we believe it is more appropriate to emphasize the ETFs’ one-year performance.

BENCHMARK has a two-step process to select the top ETFs:

First, we apply the following screen to each category:

  • Must be listed on the Stock Exchange of Hong Kong (HKEX)
  • Must have a minimum one-year track record
  • Must have a single-digit tracking error (one-year USD)

The resulting shortlist then goes through the following selection process:
The ETFs with the best one-year total return (USD) between October 1, 2018, and September 30, 2019 in their respective categories will be awarded the Best-in-Class (BIC) title, and the runner up fund(s) whose returns are within 5% below BIC will be awarded the Outstanding Achiever (OSA) title(s).

Fund Data ;Lipper